Trimble Inc. $TRMB Stock Position Lowered by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its holdings in Trimble Inc. (NASDAQ:TRMB) by 78.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 170,147 shares of the scientific and technical instruments company’s stock after selling 629,196 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Trimble were worth $9,717,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Trimble during the 2nd quarter valued at about $1,096,304,000. State Street Corp lifted its stake in Trimble by 7.9% in the 2nd quarter. State Street Corp now owns 11,644,706 shares of the scientific and technical instruments company’s stock worth $595,976,000 after purchasing an additional 849,549 shares in the last quarter. Generation Investment Management LLP purchased a new position in Trimble in the 2nd quarter worth approximately $367,994,000. Primecap Management Co. CA acquired a new position in shares of Trimble during the 2nd quarter worth approximately $200,405,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Trimble by 15.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,756,603 shares of the scientific and technical instruments company’s stock worth $245,043,000 after purchasing an additional 501,853 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. cut their price target on Trimble from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Weiss Ratings raised Trimble from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company dropped their target price on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $87.00 target price on shares of Trimble in a research note on Thursday, August 13th. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $80.00.

Insider Transactions at Trimble

In related news, Director Kaigham Gabriel sold 1,718 shares of Trimble stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total value of $103,080.00. Following the completion of the transaction, the director directly owned 17,426 shares in the company, valued at approximately $1,045,560. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Trimble Stock Down 0.8%

Shares of NASDAQ TRMB opened at $63.49 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.28. The firm has a market cap of $14.80 billion, a price-to-earnings ratio of -129.57, a PEG ratio of 2.05 and a beta of 1.34. Trimble Inc. has a 52-week low of $47.92 and a 52-week high of $84.42. The business’s 50 day moving average is $59.23 and its two-hundred day moving average is $57.87.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.06. The firm had revenue of $972.00 million for the quarter, compared to analyst estimates of $952.09 million. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%. Trimble’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 EPS. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Research analysts predict that Trimble Inc. will post 3.10 EPS for the current year.

Trimble Profile

Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.

The company’s products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.